1 / 6
18score
↓ $4,500
$245,000
MLS
Street view31 S Whitcomb Ave
Indianapolis IN 46241 · Single Family · built 1941
3 bd2 ba1,777 sqft$138/sqft vs ZIP $157 −12%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,715/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
12% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$245,000List price
$1,715Rent estimate / mo
0.96Lender DSCR (est.)
$4,752Taxes / yr · county assessor
$157ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,715 |
| − Mortgage (P&I) | −$1,285 |
| − Taxes | −$396 |
| − Insurance | −$102 |
| = Cash flow before vacancy & repairs | $-68 |
The numbers
- Price
- $245,000
- $ / sq ft
- $138 ZIP median $157
- Rent estimate
- $1,715/mo ZIP + bedroom comps
- Property taxes
- $4,752/yr 2% cap on assessed value $237,600
- PITIA (assumed)
- $1,783/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 12% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,777 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1941
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22077991
- Listed
- Apr 27, 2026
- Days on market
- 173
- Listing agent
- Sena Taylor · Berkshire Hathaway HomeServices Indiana Realty
2196135887 · staylor@bhhsin.com - Price history
- First asked $249,500 · previously $249,500 cut $4,500
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.